Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
I have a Lloyds TSB overdraft for my business: every month there is an entry for "Hardcore Interest" which is typically as much as 25% of my normal interest. There is no explanantion of what this is, it i not on the advertising material for their overdrafts and it is not mentioned at all on their website. I emailed online account support and they would not tell me what it was ! Does anyone know please ? Do all banks do this on business overdrafts ?
I too have a business account with ltsb with an overdraft facility.
Business account overdrafts are renewed annually for which they charge you (Us) a fee. They also send you (us) a new overdraft agreement containing all the terms and conditions to sign and return.
It is in these T & C's. It is an additional interest charge for any month (or charging period, I can't remember which) in which the account does not show a credit balance.
barry
Nat West - interim settlement of £899.39 - 3/9/06
Judgement by default - 3/10/06 £136.56 court interest received 1/11/2006 - Total recovered from this bank £1035.95.
Lloyds and Hardcore interest
TSB overdraft
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